Balaji Speciality Chemicals Limited IPO

The company depends on the success of its relationships with its customers. The company do not enter into long term contracts with its customers, and any loss of one or more of the company key customers, or the deterioration of their financial condition or prospects, or a reduction in their demand for its products, could adversely affect the company business, results of operations, financial condition and cash flows.

The company business is dependent on its manufacturing facility and its the company subject to certain risks in the company manufacturing processes. Any unscheduled, unplanned or prolonged disruption of its manufacturing operations could materially and adversely affect its business, financial condition and results of operations.

The company do not enter into long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials, in a timely manner or at all, could have an adverse effect on its business and results of operations.

The company has a limited operating history, and its have incurred losses in the past. The company may not always maintain profitability in the future.

The company business operations benefit from its association with it Corporate Promoter, and any deterioration in or cessation of such relationship in the future may have an adverse impact on its business operations and financial performance.

Restrictions on import of raw materials and an increase in shipment cost may adversely impact its business and results of operations.

The company business is dependent on sale of a few kinds of specialty chemicals, and in particular on sale of Ethylenediamine. These chemicals are sold for use in various end-use industries. Any reduction in demand for these chemicals may have an adverse effect on its business prospects and financial performance.

The company derive its revenue from operations from a limited number of markets and any adverse developments in any key markets could adversely affect its business prospects and financial performance.

The company single manufacturing facility is located in Solapur, Maharashtra. Any adverse development affecting Maharashtra or its surrounding areas may have an adverse effect on its business, prospects, financial condition and results of operations.

The company is subject to strict quality requirements, regular inspections and audits, and sales of its products is dependent on the company quality controls and standards. Any failure to comply with quality standards may adversely affect its business prospects and financial performance, including cancellation of existing and future orders.